Confidence interval for a proportion, Basic Statistics

Assignment Help:

The quick method for a confidence interval for a proportion uses p ±1/√n as an approximation for a 95% confidence interval.  The margin of error in this case is slightly larger than necessary. Suppose that a simple random sample of 500 motorcycle registrations finds that 68 of the motorcycles are Yamahas. Give a 95% confidence interval for the proportion of motorcycles in the population that are Yamahas using the quick method of chapter 3 and then by the more precise method of chapter 21.

What does the confidence level of a confidence interval tell you?

Suppose that a population has mean, µ, and standard deviation, σ.  What does the central limit theorem tell us about the distribution of the sample mean?

Government regulations indicate that the total weight of cargo in a certain kind of airplane cannot exceed 310 kg. On a particular day a plane is loaded with 100 boxes of a particular item only. Historically, the weight distribution for the individual boxes of this variety has a mean of 3.2 kg and standard deviation 0.4 kg.

a. Interpret the meaning of the "a mean of 3.2 kg" in terms of repeated samplng.

b. what is the distribution of the sample mean weight for the boxes (give the name of the distribution and appropriate parameter values)?  

c.  What is the probability that the government regulation is met?


Related Discussions:- Confidence interval for a proportion

Does the claim represent the null hypothesis or the alterna., A scientist c...

A scientist claims that the mean incubation period for the eggs of a species of birds is more than 46 days.

Analyzing pre-collected data using spss, This is not a statistics course, b...

This is not a statistics course, but you need to conduct some analyses to help solidify your knowledge and understanding about statistical data analysis.  Now you will use the ' pr

Absorption costing and marginal costing, 2. From the following cost, produc...

2. From the following cost, production and sales data of Decors Motor Ltd., prepare comparative income statement for three years under (i) absorption costing method, and (ii) margi

Standard costing, Standard costing In contemporary price sales, the idea...

Standard costing In contemporary price sales, the idea of documenting traditional expenditures was taken further, by assigning the organization''s set expenditures over a given

Administering agency solutions, Administering agency solutions A professio...

Administering agency solutions A professional specific by the Office of Economical Control to provide common management of economic sales action. An administering agency is also a

Explain the financial accounting., Explain the Financial Accounting. Und...

Explain the Financial Accounting. Under the Financial Accounting System the producing of economic purchase are done in the Cash and Publication, in other Bookkeeping as Sales, P

Decision-making, 'Statistics is the backbone of decision-making'. Comment.

'Statistics is the backbone of decision-making'. Comment.

Ogive, When we use upper or lower class boundaries during calculation of og...

When we use upper or lower class boundaries during calculation of ogive graph?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd